#bitcoin Holding Strong at $60K – Miners Are Buying, Not Selling
This isn’t panic. It’s accumulation.
Despite market noise, on-chain data tells a clearer story:
🔹 #miners are quietly stacking $BTC
We’re seeing negative exchange netflows — meaning they’re pulling BTC off exchanges. That’s a classic bullish signal.
🔹 Puell Multiple sits near 1.0 — miners remain profitable and aren’t under any pressure to sell.
🔹 NUPL at 0.55 = We're in the greed zone, but not overheated.
Market participants are in profit, yet not euphoric.
🔹 aSOPR > 1.0 = Profit-taking is happening, but it's disciplined — no sign of panic selling.
While retail traders debate the dip, big players are quietly building their bags around the $60K mark.
Technically and on-chain, this is a bullish consolidation, not a breakdown.
What’s your view on this $60K defense?
Reply below 👇 & share your insights.
